Review on Snap’s Analyst Rating Slips

It presented a target price of $14 for the stock. This comes two weeks after Snap Inc. released its fourth quarter earnings, which beat Wall Street expectations.
While the recent redesign of its flagship app could produce positive long-term benefits, the significant jump in negative app reviews since the redesign was pushed out a few weeks could result in a decline in users and user engagement, which could negatively impact financial results, Citigroup analysts Mark May and Hao Yan wrote in a note to clients on Tuesday.